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Biotech / Medical : GUMM - Eliminate the Common Cold
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To: Mad2 who wrote (1864)12/8/1999 9:40:00 PM
From: DanZ  Read Replies (1) of 5582
 
Mad2,

I never said that stocks don't make irrational short term moves based on factors that shouldn't affect them. QGLY's stock was obviously negatively affected by the publicity surrounding their problems with the FTC. If GUMM declined in sympathy with Quigley the other day, even though I think that this would have been irrational, then GUMM might have gone up in sympathy with Quigley today. GUMM was up today, but there's no way to tell if it had anything to do with Quigley's press release.

Regards,

Dan
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